This is a quote from the book "Bitcoin: A Peer-to-Peer Electronic Cash System" by Satoshi Nakamoto
... unable to formulate my actual reason or to identify the profound moral issue involved. It is to them that I will give a more explicit answer.
read full book
It is not a mere semantic issue nor a
mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there i
sible, more than any other single factor, for the arrested moral development of mankind.
In popular usage, the word “selfishness” is a synonym of evil; the image it conjures is...